Lance on Jan 28 2008 | Filed under: Economics, Latest data
From The Big Picture
Banks May Need $143 Billion for Insurer Downgrades: Banks that raised $72 billion to shore up capital depleted by subprime-related losses may require another $143 billion should credit rating firms downgrade bond insurers, according to analysts at Barclays Capital. Banks will need at least $22 billion if bonds covered by insurers led [...]
Lance on Jan 25 2008 | Filed under: Absolute Return, Asset Allocation, China, Domestic Equities, Economic Indicators, Economics, Federal Reserve, Global Equity, Hedge Funds, International Equities, Latest data, Risk, today's links
Morningstar takes a look at the Long/Short category of mutual funds. They, like I, appreciate John Hussman.
China turned in yet another double digit year:
China’s economy grew by 11.4 per cent in 2007, the highest pace in 13 years, but the trend of decelerating exports to a slowing US recorded in the final two quarters is [...]
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